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Artificial and Human Intelligence in Compensation Software
How to achieve the right mix?
John Thrower – Managing DirectorClaire Bedwell – Client Services Director
HWC - Who Are We & What Do We Do?
HWC delivers co-created bespoke solutions, so you can plan, model and implement comprehensive reward programmes.
HWC - Who Are We & What Do We Do?
We make managing compensation simple, so you can design and implement programmes that have the biggest
impact.
HWC - Who Are We & What Do We Do?
We believe you should never have to adapt your processes or ambitions to the limitations of standardised software.
HWC - Who Are We & What Do We Do?
It’s your solution, built without compromise.
“Lies, Damned Lies and Statistics”
✘Most systems are complex to implement and manage.✘There was a significant gap between the approach to compensation inherent in the system and our company’s approach.✘Buggy and difficult to administer. ✘The functions available are rudimentary.✘The compensation module is not designed to support our global processes.✘It houses only minimal information and provides no analytics.✘We have a very bare bones system until our next upgrade with little to no customization available to us.✘All we can really say is that it works to the minimum specifications.✘We had to do several workarounds.✘Core HRIS and Benefits = Satisfied but Compensation is Dissatisfied; Talent Management is Dissatisfied.
✔ Transparency.✔ Consistency – all users access the same source data.✔ Auditing and tracking.✔ Data analysis & reporting.✔ Automation of labour intensive processes.✔ Mitigation of human keying errors.✔ Increased efficiency.✔ Increases accuracy of data.✔ Real-time control of the process.✔ Reward team members can focus more on what they are paid to do, rather than be over-qualified data entry clerks.
How to achieve the right mix?
How does this apply to YOUR use of technology in compensation?
Summary
And Finally
HWChwcltd.com
Claire Bedwell01392 [email protected]
John Thrower01392 [email protected]
Q + A?
